Brief: Biotalys And Biobest Enter Strategic Partnership To Expand Reach Of Novel Biocontrol Solutions

Biotalys NV

17/12/2021 06:08

Dec 17 (Reuters) - Biotalys NV  BTLS.BR :
    * BIOTALYS AND BIOBEST ENTER INTO STRATEGIC PARTNERSHIP TO
EXPAND
REACH OF NOVEL BIOCONTROL SOLUTIONS
    * BIOBEST APPOINTED EXCLUSIVE U.S. DISTRIBUTOR OF BIOTALYS’
FIRST
BIOFUNGICIDE EVOCA™* FOR ALL CROPS AND APPLICATIONS
    * BIOTALYS’ UNIQUE PROTEIN-BASED BIOCONTROL SOLUTIONS TO
EXPAND
THE OFFER OF MARKET LEADER BIOBEST IN COVERED CROPS AND BERRIES
    * THE TWO COMPANIES ENTER INTO AN EXCLUSIVE AGREEMENT FOR
THE
DISTRIBUTION OF BIOTALYS’ BIOFUNGICIDE EVOCA™ IN THE UNITED
STATES FOR ALL CROPS AND APPLICATIONS, STARTING IN 2022 –
PENDING REGULATORY APPROVAL
    * UNDER TERMS OF PARTNERSHIP, BIOTALYS TO OFFER BIOBEST
RIGHT OF
FIRST NEGOTIATION TO COME TO AN EXCLUSIVE DISTRIBUTION AGREEMENT
FOR FIVE PROTEIN-BASED BIOCONTROL PROGRAMS FOR USE IN GLOBAL
COVERED CROP AND BERRY MARKET DURING NEXT 10 YEARS
    * PRODUCT CANDIDATES CAN RELATE TO EITHER EXISTING OR FUTURE
PIPELINE.
    * THE PARTIES BELIEVE THAT THIS AGREEMENT COULD GENERATE
ANNUAL
SALES IN THE COVERED CROP AND BERRY SPACE OF MORE THAN EUR 100
MILLION FOR BOTH PARTNERS COMBINED RESULTING FROM THE FIVE
BIOCONTROL PROGRAMS

Further company coverage:  BTLS.BR 

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